Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Morning guys
Nice to see what Noble are doing:
Posted today 9th August 2022 on listcorp.com
Just saying
ASX ANNOUNCEMENT9August2022Airborne Gravity Gradiometry and Magnetics Program Commenced Over North RukwaHighlights•Airborne Gravity Gradiometry (AGG) and Magnetics program hassuccessfully commenced over the North Rukwa project following thearrival of the Bridgeport Plc aircraft•The enhanced data quality results are expected to provide maximumconfidence and precision in locating the 3D seismic surveys planned forQ3 2022Noble Helium Limited (ASX:NHE) (“Noble Helium”, "NHE” or “the Company”) is pleased to announce that the Bridgeporth Plc AGG and magnetics program has successfully commenced, which will provide full coverage of the North Rukwa Project.The AGG survey is a relatively low-cost, high-value exploration tool for mapping sub-surface structural configuration. AGG has proven to be extremely effective in the East African Rift Basins of Uganda and Kenya ahead of exploration drilling.Bridgeporth has a unique license to the latest Lockheed-Martin AGG instrument, which measures the Gravity Gradient with 5 times or more improvement in signal-to-noise over itspredecessor Falcon instrument, depending on flying conditions (Figure 1). The enhanced data quality is expected to provide maximum confidence and precision in locating the 3D seismic surveys, currently in preparation for Q3 2022.Managing Director, Justyn Wood, commented: “Commencing the AGG program is a significant exploration milestone for Noble Helium as we look to locate high-impact helium targets for drilling next year.“The AGG program will provide crucial insights into the North Rukwa basin structural trends between the legacy 2D seismic lines, ahead of the 3D seismic surveys starting later this quarter.”
Looks like today is going to be a large shares volume day.
Lol, thats a good typo, accepted, not excepted..
That would be worrying ;)
Only whats in the docs..
I would assume He1 believe they will get their renewals, at least for Tai as there would be no point auditing the rig as the licence will likely have expired before the rig arrives..
DM was asked about them but glossed over the question by talking about the next level, mining licences..
Counting the chickens before the eggs, but we are stilling working on the basket(rig)
Renewals September/October,
I believe Sept for Tai
If you read the annual results you can see that He1 applied for 3 renewals, assumed to have been excepted as the mining portal was updated but no official confirmation.. But He1 omitted the licence details, so we just have to take their word for it. I can only find 2 expiring 2023, the remainder this year, and 2 or 3 last year
https://portal.madini.go.tz/map/
Licence ins & outs Page 31 on, although Map page 25
https://www.helium-one.com/wp-content/uploads/2020/11/259989-Project-Apollo-CLN-reduced-memory-Final-13.11.20.pdf
yes
Lease and Renewals, the prospecting licences ?
Yeh I hadn’t thought of that.
I hope China realise the potential here and with there absolute lack of helium it would be a good investment for them.
Then again, Russia has Helium and China doesn’t mind buying from Russia at the moment.
Dai, do you know much about the lease renewals and expiry dates ?
I wonder if getting a rig was always an issue, and that is maybe why they opted for the mineral rig, and an innovative solution last year.. Mind you I also wonder if they chose that rig believing they could drill all those wells, 3 exploration, and 3 appraisals for the sum raised in the IPO.
Buying the rig is a possibility, but so is another would be rig operator or current operator buying it knowing there is a project lined up, especially if the rental covers the purchase or some of it..
I worked on a project where we required a tester that the company would not buy, and the hire company did'nt see much use for but they bought it so we could hire it, it was not costly. At the end of the project they gave it to us, paid for many times no doubt..
Crane, its does, never really thought about that, but I guess its job is to raise and lower heavy pipes/rods in just one spot, plus rotate, so a crane with rotating grab..
They can drill as many holes as they like if they buy it and also looks easy to transport on the back of that low loader.
They will be Abit more self reliant if they own a rig aswell.
I could foresee this rig shortage situation as soon as sanctions where imposed on Russia.
Shame they didn’t do a bit more forward planning but it is what it is at this stage
I did actually looks Abit like a grain she’s a Beaty
Did you see He1 have posted images of the rig used for the Geothermal project in Kenya which we were speculating on ?
Haha just nothing to say really is there
@No1, Are you just lost for something to say or feeling down?
Right
Time to get up again
Try to crawl out of bed and face the world
@X, we dont know the requests were for us, but could be, we dont know either way..
I guess by the way we are targeted with adverts, through our browsing history, and I suspect even through our email contents then posting for parts on social media could be the norm, I am a dinosaur there..
Probably have Alexa listening in just in case it has some useful info lol
I remember waiting on the results of a transformational drill, then the day before results intrims were posted, which I thought would be much better with the oil asset included.. Duster.. Timing of intrims was questionable..
Should be a ‘smile’ not question marks.
Thanks Dai. I hadnt seen that. ??
@X, Why do companies advertise for parts on social media?
i know everyone says that LSE data is useless but there seemed to be a few large sells last couple of days.
(if they were sells). Is it fair to say the RNS and tweets bolstered the sp so it was a good time to sell large chunks?
or was it all just part of the regular ebb and flow of buys, sells, confidence and punts?
What plasterer. You meant to bed before 10pm and got up at midday. What sort of lazy bum are you.
Not checked He1 twitter for a while.
They have posted images of Cluff's Predator and step ladder..
Also tweeting Liberums 19p, proactive article, would be nice to see the analysts report..
Morning
Iv just got out of bed
Gosh it’s warm
I better have a shower and get dressed
lol Void, long strokes though ;)
souped up..
Hi Dai
Was it the double comma?
If my memory, serves me right, two-stroke, was your
nickname, back in the days when you were courting:)lol